MSC Industrial Direct Co. Inc.(MSM)- NYSE
  • Wed, Jul. 6, 7:39 AM
    • MSC Industrial Direct (NYSE:MSM) reports gross margin rate fell 40 bps to 45% in FQ3.
    • Adjusted operating margin rate grew 50 bps to 14.5%.
    • FQ4 Guidance: Net sales: $730M to $742M; Average daily sales growth: ~-5% Y/Y; Diluted EPS: $0.96 to $1.00.
    | Wed, Jul. 6, 7:39 AM
  • Wed, Apr. 6, 6:56 AM
    • MSC Industrial Direct (NYSE:MSM) reports gross margin rate declined 30 bps to 45.1%
    • Adjusted operating margin rate fell 40 bps to 11.8%.
    • FQ3 Guidance: Net sales: $729M to $741M; Average daily sales growth: roughly -3% Y/Y; Diluted EPS: $0.98 to $1.02.
    • FQ2 results
    | Wed, Apr. 6, 6:56 AM
  • Wed, Jan. 6, 7:12 AM
    • MSC Industrial Direct (NYSE:MSM) reports gross margin rate fell 10 bps to 45.1% in FQ1.
    • Adjusted operating margin rate dropped 50 bps to 12.8%.
    • FQ2 Guidance: Net sales: $680M to $692M; Average daily sales growth: roughly -3%; Diluted EPS: $0.76 to $0.80.
    | Wed, Jan. 6, 7:12 AM
  • Nov. 12, 2015, 2:44 PM
    • Grainger (GWW -4.7%) sinks after its analyst day presentation includes a warning of a "tough industrial economy" with more of the same ahead for 2016, citing short-term changes in customer behavior and a "competitive landscape [that] continues to evolve."
    • GWW says its October daily sales fell 1% Y/Y with organic daily sales declining 2%, driven by a drop in pricing and lower sales of safety products.
    • GWW issues in-line guidance for Q4, seeing EPS of $2.20-$2.40 vs. $2.29 analyst consensus estimate on revenues of between -3% and zero to $2.434B-$2.51B vs. $2.46B consensus; for FY 2016, GWW forecasts EPS of $10.70-$12.90 vs. $12.10 consensus with sales growth between -1% and +7%.
    • Peers include HD Supply Holdings (HDS -4%), Fastenal (FAST -2.7%) and MSC Industrial (MSM -1.9%).
    | Nov. 12, 2015, 2:44 PM | 2 Comments
  • Jul. 7, 2015, 7:08 AM
    • MSC Industrial Direct (NYSE:MSM) reports gross margin rate declined 87 bps to 45.40%.
    • Non-GAAP operating margin rate decreased 90 bps to 14%.
    • FQ4 Guidance: Net sales: $735M to $747M; Average daily sales growth: 2%; GAAP & Adjusted EPS: $0.93 to $0.97.
    • FQ3 results
    | Jul. 7, 2015, 7:08 AM
  • Apr. 8, 2015, 8:13 AM
    • MSC Industrial Direct (NYSE:MSM) reports gross margin rate declined 96 bps to 45.42%.
    • Non-GAAP operating margin rate fell 140 bps to 12.2%.
    • FQ3 Guidance: Net sales: $740M to $752M; Average daily sales growth: 3.6%; GAAP & Adjusted EPS: $0.95 to $0.99.
    • MSM -0.48% premarket.
    • FQ2 results
    | Apr. 8, 2015, 8:13 AM
  • Apr. 22, 2013, 11:02 AM

    Barnes Group (B -2%) says it's completed the sale of its North American distribution business to MSC Industrial Direct (MSM +0.5%), for approximately $550M in cash. As a result of the sale, B has updated FY13 guidance, saying that it will report the sold unit as discontinued operations beginning with Q1. It now expects FY13 revenue from continuing operations to grow 17% to 20% Y/Y. GAAP EPS are now anticipated to be in the range of $1.71 to $1.86.

    | Apr. 22, 2013, 11:02 AM
  • Apr. 10, 2013, 11:09 AM

    MSC Industrial (MSM -3.7%) skips the market rally today after its FQ2 missed top line consensus estimates earlier. Net earnings fell 6.6% Y/Y as higher operating costs and weaker margins offset modest revenue growth. The company also forecast its FQ3 to come in below estimates due to soft demand and a lack of midyear price adjustments. It now expects to earn around $0.95 to $0.99 per share, on revenue of $597M to $609M The Street was looking for $1.10 on $633M, respectively.

    | Apr. 10, 2013, 11:09 AM
  • Jun. 28, 2012, 7:55 AM
    MSC Industrial Direct Company (MSM): FQ3 EPS of $1.10 misses by $0.01. Revenue of $612M (+15% Y/Y) misses by $5.3M. Shares -2% premarket. (PR)
    | Jun. 28, 2012, 7:55 AM
  • Jun. 5, 2012, 12:04 PM
    Fastenal (FAST) -7.6% after reporting that May net sales grew 13.1%, down from 22.6% last year. Dividend Channel calls the industrial and construction supplies retailer oversold, especially as it ranks the stock highly. Peers W.W. Grainger (GWW -6.5%) and MSC Industrial (MSM -5.%) are also taking a hit.
    | Jun. 5, 2012, 12:04 PM | 2 Comments
Company Description
MSC Industrial Direct Co., Inc. markets and distributes metalworking and maintenance, repair and operations products to customers throughout the U.S. The company serves primarily domestic markets through its distribution network of customer fulfillment centers. Its products include cutting... More
Sector: Services
Industry: Industrial Equipment Wholesale
Country: United States